Tiffin Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Tiffin averaged
6.59%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.29% and
one month ago for the week of 2024-09-05, the
average rate was 6.22%.
Tiffin's average rate one year ago was 7.36%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.42%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
Tiffin 30 Year Fixed Rate | 2024-10-10 | 6.59% |
Tiffin 30 Year Fixed Rate Refi | 2024-10-10 | 6.42% |
Tiffin 15 Year Fixed Rate | 2024-10-10 | 5.31% |
Tiffin 15 Year Fixed Rate Refi | 2024-10-10 | 5.41% |
Tiffin 30 Year FHA | 2024-10-10 | 6.15% |
Tiffin 30 Year FHA Refi | 2024-10-10 | 6.1% |
Tiffin 30 Year USDA | 2024-10-10 | 6.28% |
Tiffin 30 Year USDA Refi | 2024-10-10 | 6.08% |
Tiffin 30 Year VA | 2024-10-10 | 5.85% |
Tiffin 30 Year VA Refi | 2024-10-10 | 5.75% |
Tiffin Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Tiffin, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Tiffin Average Closing Costs & Other Stats
Tiffin, OH's 44 lenders originated 704
loans during 2023. The total origination value was $102,010,000, with an average loan value of
$144,901.
Tiffin's average closing costs are $4,273.
The top Tiffin lender as defined by loan originations is LOANDEPOT.COM, LLC, with
62 loans originated. Their average total fees are
$4,357, which is $1,537
higher than the next largest lender,
The Old Fort Banking Company.
The lowest fee Tiffin lenders (with over 10 loans originated) are
The Old Fort Banking Company ($2,820), Fifth Third Bank ($3,164), The Croghan Colonial Bank ($3,474), First Federal Bank of the Midwest ($3,548) and U.S. Bank ($3,743).
The lowest rate Tiffin lenders (with over 10 loans originated) are
The Croghan Colonial Bank (6.55%), The Huntington National Bank (6.64%), The Old Fort Banking Company (6.67%), U.S. Bank (6.82%) and LOANDEPOT.COM, LLC (6.93%).
Tiffin, OH Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
LOANDEPOT.COM, LLC | $28,435,000 | $18,960,000 | -33.3% | 18.6% |
The Old Fort Banking Company | $12,070,000 | $8,640,000 | -28.4% | 8.5% |
Old National Bank | $1,285,000 | $7,005,000 | 445.1% | 6.9% |
Fifth Third Bank | $7,440,000 | $5,370,000 | -27.8% | 5.3% |
QUICKEN LOANS, LLC | $8,215,000 | $5,165,000 | -37.1% | 5.1% |
AG Credit, Agricultural Credit Association | $4,675,000 | $4,930,000 | 5.5% | 4.8% |
The Huntington National Bank | $5,880,000 | $4,310,000 | -26.7% | 4.2% |
First Federal Bank of the Midwest | $6,545,000 | $4,250,000 | -35.1% | 4.2% |
U.S. Bank | $5,420,000 | $3,980,000 | -26.6% | 3.9% |
Superior Credit Union, Inc. | $2,480,000 | $3,475,000 | 40.1% | 3.4% |
The Croghan Colonial Bank | $2,725,000 | $1,930,000 | -29.2% | 1.9% |
POLARIS HOME FUNDING CORP. | $1,925,000 | $1,835,000 | -4.7% | 1.8% |
UNION HOME MORTGAGE CORP. | $2,915,000 | $1,685,000 | -42.2% | 1.7% |
GUARANTEED RATE, INC. | $180,000 | $1,605,000 | 791.7% | 1.6% |
Mortgage Research Center, LLC | $2,960,000 | $1,575,000 | -46.8% | 1.5% |
CROSSCOUNTRY MORTGAGE, LLC | $1,855,000 | $1,450,000 | -21.8% | 1.4% |
Sutton Bank | $640,000 | $1,410,000 | 120.3% | 1.4% |
PNC Bank | $2,850,000 | $1,405,000 | -50.7% | 1.4% |
Fremont Federal Credit Union | $650,000 | $1,315,000 | 102.3% | 1.3% |
First Federal Bank of Ohio | $1,680,000 | $1,115,000 | -33.6% | 1.1% |
UNITED WHOLESALE MORTGAGE, LLC | $1,395,000 | $905,000 | -35.1% | 0.9% |
NEWREZ LLC | $400,000 | $855,000 | 113.8% | 0.8% |
JPMorgan Chase Bank | $705,000 | $785,000 | 11.3% | 0.8% |
1ST SIGNATURE LENDING, LLC | $780,000 | n/a | 0.8% | |
PENNYMAC LOAN SERVICES, LLC | $270,000 | $760,000 | 181.5% | 0.7% |
Civista Bank | $155,000 | $750,000 | 383.9% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $340,000 | $675,000 | 98.5% | 0.7% |
The Union Bank Company | $490,000 | $645,000 | 31.6% | 0.6% |
The Federal Savings Bank | $550,000 | n/a | 0.5% | |
The State Bank and Trust Company | $1,700,000 | $530,000 | -68.8% | 0.5% |
MOVEMENT MORTGAGE, LLC | $480,000 | n/a | 0.5% | |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,790,000 | $440,000 | -75.4% | 0.4% |
BROKER SOLUTIONS, INC. | $175,000 | $435,000 | 148.6% | 0.4% |
MID AMERICA MORTGAGE, INC. | $1,070,000 | $435,000 | -59.3% | 0.4% |
NFM, INC. | $420,000 | n/a | 0.4% | |
First Federal Savings and Loan Association of Lakewood | $990,000 | $405,000 | -59.1% | 0.4% |
Day Air Credit Union, Inc | $365,000 | n/a | 0.4% | |
NAVY FEDERAL CREDIT UNION | $155,000 | $360,000 | 132.3% | 0.4% |
J. VIRGIL, INC. | $345,000 | n/a | 0.3% | |
First National Bank of Bellevue | $695,000 | $335,000 | -51.8% | 0.3% |
KeyBank | $1,790,000 | $330,000 | -81.6% | 0.3% |
MUTUAL OF OMAHA MORTGAGE, INC. | $635,000 | $330,000 | -48.0% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $625,000 | $325,000 | -48.0% | 0.3% |
FIRST OHIO HOME FINANCE, INC. | $165,000 | $280,000 | 69.7% | 0.3% |
LENDINGHOME FUNDING CORPORATION | $280,000 | n/a | 0.3% | |
First Federal Savings and Loan Association of Lorain | $95,000 | $275,000 | 189.5% | 0.3% |
Flagstar Bank, FSB | $330,000 | $275,000 | -16.7% | 0.3% |
FREEDOM MORTGAGE CORPORATION | $645,000 | $270,000 | -58.1% | 0.3% |
The First National Bank of Pandora | $205,000 | $260,000 | 26.8% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $245,000 | n/a | 0.2% | |
ZILLOW HOME LOANS, LLC | $115,000 | $240,000 | 108.7% | 0.2% |
LIBERTY HOME MORTGAGE CORPORATION | $135,000 | $235,000 | 74.1% | 0.2% |
Nations Lending Corporation | $95,000 | $235,000 | 147.4% | 0.2% |
Servion, Inc. | $210,000 | $225,000 | 7.1% | 0.2% |
SUMMIT FUNDING, INC. | $215,000 | n/a | 0.2% | |
HOMESIDE FINANCIAL, LLC | $640,000 | $210,000 | -67.2% | 0.2% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $195,000 | n/a | 0.2% | |
STOCKTON MORTGAGE CORPORATION | $195,000 | $195,000 | 0.0% | 0.2% |
Carrington Mortgage Services, LLC | $220,000 | $190,000 | -13.6% | 0.2% |
DAS Acquisition Company, LLC | $175,000 | n/a | 0.2% | |
SPRING EQ, LLC | $85,000 | $175,000 | 105.9% | 0.2% |
GENEVA FINANCIAL, LLC | $165,000 | n/a | 0.2% | |
Sierra Pacific Mortgage Company, Inc. | $165,000 | n/a | 0.2% | |
Ameris Bank | $155,000 | n/a | 0.2% | |
County National Bank | $125,000 | $155,000 | 24.0% | 0.2% |
HOMEXPRESS MORTGAGE CORP. | $155,000 | n/a | 0.2% | |
First Federal Community Bank of Bucyrus | $285,000 | $150,000 | -47.4% | 0.1% |
Bank of America | $505,000 | $145,000 | -71.3% | 0.1% |
Colonial Savings, F.A. | $145,000 | n/a | 0.1% | |
Figure Lending LLC | $305,000 | $145,000 | -52.5% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $95,000 | $145,000 | 52.6% | 0.1% |
ALLIANT CREDIT UNION | $125,000 | n/a | 0.1% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $135,000 | $125,000 | -7.4% | 0.1% |
SUPERIOR FINANCIAL SOLUTIONS, LLC | $125,000 | n/a | 0.1% | |
First Federal Bank | $115,000 | n/a | 0.1% | |
The Park National Bank | $170,000 | $115,000 | -32.4% | 0.1% |
Citizens Bank | $410,000 | $105,000 | -74.4% | 0.1% |
Coastal Community Bank | $105,000 | n/a | 0.1% | |
NBKC BANK | $105,000 | n/a | 0.1% | |
Third Federal Savings and Loan Association of Cleveland | $385,000 | $105,000 | -72.7% | 0.1% |
Barrington Bank & Trust Company, N.A. | $95,000 | n/a | 0.1% | |
Directions Credit Union, Inc. | $55,000 | $90,000 | 63.6% | 0.1% |
AMERICAN FINANCING CORPORATION | $280,000 | $85,000 | -69.6% | 0.1% |
EQUITY RESOURCES, INC. | $675,000 | $85,000 | -87.4% | 0.1% |
M&T Bank | $65,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $170,000 | $65,000 | -61.8% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $260,000 | $65,000 | -75.0% | 0.1% |
The Merchants National Bank | $65,000 | n/a | 0.1% | |
WRIGHT-PATT CREDIT UNION, INC. | $65,000 | n/a | 0.1% | |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $55,000 | n/a | 0.1% | |
Centra Credit Union | $45,000 | n/a | 0.0% | |
LEADERONE FINANCIAL CORPORATION | $45,000 | n/a | 0.0% | |
Discover Bank | $35,000 | n/a | 0.0% | |
NEW DAY FINANCIAL, LLC | $335,000 | $35,000 | -89.6% | 0.0% |
First Citizens National Bank | $25,000 | n/a | 0.0% |
Tiffin's top lender by overall market share is LOANDEPOT.COM, LLC, with 18.6% market share. In second place, with 8.5%, is The Old Fort Banking Company, having originated $8,640,000 in loans. In third place, with 6.9%, is Old National Bank, having originated $7,005,000 in loans. In fourth place, with 5.3%, is Fifth Third Bank, having originated $5,370,000 in loans. In fifth place, with 5.1%, is QUICKEN LOANS, LLC, having originated $5,165,000 in loans.
Tiffin Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Tiffin (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $79,900 (0.0%) | $111,591 (20.0%) | 0.00 | 110 |
2018-02-01 | $80,325 (7.2%) | $110,288 (20.5%) | 0.00 | 104 |
2018-03-01 | $81,500 (2.6%) | $116,730 (18.6%) | 0.00 | 87 |
2018-04-01 | $84,225 (4.0%) | $121,346 (16.9%) | 0.00 | 80 |
2018-05-01 | $84,900 (6.3%) | $109,900 (5.3%) | 0.00 | 75 |
2018-06-01 | $83,500 (-7.1%) | $168,305 (52.3%) | 0.00 | 82 |
2018-07-01 | $98,800 (6.7%) | $182,220 (52.5%) | 0.00 | 87 |
2018-08-01 | $104,900 (9.9%) | $178,024 (48.8%) | 0.00 | 105 |
2018-09-01 | $95,000 (6.2%) | $173,603 (52.3%) | 0.00 | 106 |
2018-10-01 | $82,400 (3.0%) | $180,497 (59.5%) | 0.00 | 107 |
2018-11-01 | $91,375 (12.9%) | $197,881 (73.3%) | 0.00 | 97 |
2018-12-01 | $95,000 (9.5%) | $192,077 (67.4%) | 0.00 | 96 |
2019-01-01 | $95,900 (20.0%) | $208,468 (86.8%) | 0.00 | 88 |
2019-02-01 | $109,475 (36.3%) | $215,152 (95.1%) | 0.00 | 75 |
2019-03-01 | $103,671 (27.2%) | $213,551 (82.9%) | 0.00 | 68 |
2019-04-01 | $89,900 (6.7%) | $204,730 (68.7%) | 0.00 | 64 |
2019-05-01 | $89,900 (5.9%) | $196,913 (79.2%) | 0.00 | 70 |
2019-06-01 | $94,500 (13.2%) | $197,201 (17.2%) | 0.00 | 77 |
2019-07-01 | $87,450 (-11.5%) | $134,233 (-26.3%) | 0.00 | 82 |
2019-08-01 | $89,900 (-14.3%) | $135,332 (-24.0%) | 0.00 | 86 |
2019-09-01 | $89,900 (-5.4%) | $130,889 (-24.6%) | 0.00 | 87 |
2019-10-01 | $95,450 (15.8%) | $130,626 (-27.6%) | 0.00 | 90 |
2019-11-01 | $108,000 (18.2%) | $134,567 (-32.0%) | 0.00 | 101 |
2019-12-01 | $98,950 (4.2%) | $134,447 (-30.0%) | 0.00 | 92 |
2020-01-01 | $94,900 (-1.0%) | $138,966 (-33.3%) | 0.00 | 91 |
2020-02-01 | $99,200 (-9.4%) | $136,960 (-36.3%) | 0.00 | 79 |
2020-03-01 | $86,900 (-16.2%) | $128,839 (-39.7%) | 0.00 | 74 |
2020-04-01 | $89,050 (-1.0%) | $127,060 (-37.9%) | 0.00 | 69 |
2020-05-01 | $75,950 (-15.5%) | $119,359 (-39.4%) | 0.00 | 56 |
2020-06-01 | $82,200 (-13.0%) | $159,491 (-19.1%) | 0.00 | 44 |
2020-07-01 | $81,825 (-6.4%) | $157,435 (17.3%) | 0.00 | 48 |
2020-08-01 | $98,700 (9.8%) | $173,321 (28.1%) | 0.00 | 47 |
2020-09-01 | $97,975 (9.0%) | $162,677 (24.3%) | 0.00 | 51 |
2020-10-01 | $117,850 (23.5%) | $182,011 (39.3%) | 0.00 | 51 |
2020-11-01 | $128,700 (19.2%) | $202,731 (50.7%) | 0.00 | 52 |
2020-12-01 | $121,925 (23.2%) | $194,051 (44.3%) | 0.00 | 50 |
2021-01-01 | $119,900 (26.3%) | $182,408 (31.3%) | 0.00 | 45 |
2021-02-01 | $111,225 (12.1%) | $189,688 (38.5%) | 0.00 | 28 |
2021-03-01 | $112,063 (29.0%) | $223,993 (73.9%) | 0.00 | 18 |
2021-04-01 | $126,988 (42.6%) | $219,252 (72.6%) | 0.00 | 21 |
2021-05-01 | $129,950 (71.1%) | $236,889 (98.5%) | 0.00 | 20 |
2021-06-01 | $135,238 (64.5%) | $214,502 (34.5%) | 0.00 | 31 |
2021-07-01 | $130,000 (58.9%) | $173,346 (10.1%) | 0.00 | 42 |
2021-08-01 | $125,925 (27.6%) | $164,084 (-5.3%) | 0.00 | 52 |
2021-09-01 | $134,975 (37.8%) | $174,673 (7.4%) | 0.00 | 58 |
2021-10-01 | $134,900 (14.5%) | $162,865 (-10.5%) | 0.00 | 54 |
2021-11-01 | $129,900 (0.9%) | $155,908 (-23.1%) | 0.00 | 52 |
2021-12-01 | $127,900 (4.9%) | $159,381 (-17.9%) | 0.00 | 48 |
2022-01-01 | $124,977 (4.2%) | $152,797 (-16.2%) | 0.00 | 32 |
2022-02-01 | $122,164 (9.8%) | $161,416 (-14.9%) | 0.00 | 34 |
2022-03-01 | $133,675 (19.3%) | $166,557 (-25.6%) | 0.00 | 37 |
2022-04-01 | $134,900 (6.2%) | $174,319 (-20.5%) | 0.00 | 42 |
2022-05-01 | $143,725 (10.6%) | $152,296 (-35.7%) | 0.00 | 45 |
2022-06-01 | $150,925 (11.6%) | $163,176 (-23.9%) | 0.00 | 63 |
2022-07-01 | $149,900 (15.3%) | $176,141 (1.6%) | 0.00 | 63 |
2022-08-01 | $144,975 (15.1%) | $174,657 (6.4%) | 0.00 | 72 |
2022-09-01 | $141,150 (4.6%) | $157,978 (-9.6%) | 0.00 | 62 |
2022-10-01 | $149,900 (11.1%) | $156,326 (-4.0%) | 0.00 | 62 |
2022-11-01 | $158,375 (21.9%) | $159,399 (2.2%) | 0.00 | 55 |
2022-12-01 | $147,000 (14.9%) | $147,345 (-7.6%) | 0.00 | 53 |
2023-01-01 | $133,325 (6.7%) | $137,341 (-10.1%) | 0.00 | 41 |
2023-02-01 | $143,500 (17.5%) | $143,630 (-11.0%) | 0.00 | 28 |
2023-03-01 | $141,950 (6.2%) | $161,485 (-3.1%) | 0.00 | 34 |
2023-04-01 | $140,000 (3.8%) | $170,338 (-2.3%) | 0.00 | 36 |
2023-05-01 | $144,250 (0.4%) | $172,123 (13.0%) | 0.00 | 35 |
2023-06-01 | $157,450 (4.3%) | $177,257 (8.6%) | 0.00 | 36 |
2023-07-01 | $178,500 (19.1%) | $226,236 (28.4%) | 0.00 | 37 |
2023-08-01 | $187,425 (29.3%) | $231,201 (32.4%) | 0.00 | 44 |
2023-09-01 | $189,900 (34.5%) | $233,358 (47.7%) | 0.00 | 45 |
2023-10-01 | $180,800 (20.6%) | $211,060 (35.0%) | 0.00 | 61 |
2023-11-01 | $169,700 (7.2%) | $207,733 (30.3%) | 0.00 | 58 |
2023-12-01 | $158,500 (7.8%) | $204,753 (39.0%) | 0.00 | 52 |
2024-01-01 | $149,925 (12.5%) | $197,187 (43.6%) | 0.00 | 41 |
2024-02-01 | $166,150 (15.8%) | $211,514 (47.3%) | 0.00 | 34 |
2024-03-01 | $196,950 (38.8%) | $242,236 (50.0%) | 0.00 | 32 |
2024-04-01 | $208,593 (49.0%) | $241,145 (41.6%) | 0.00 | 42 |
2024-05-01 | $223,425 (54.9%) | $263,602 (53.2%) | 0.00 | 44 |
2024-06-01 | $215,000 (36.6%) | $251,076 (41.7%) | 0.00 | 37 |
2024-07-01 | $181,250 (1.5%) | $223,500 (-1.2%) | 0.00 | 48 |
2024-08-01 | $182,000 (-2.9%) | $213,502 (-7.7%) | 0.00 | 46 |
2024-09-01 | $199,900 (5.3%) | $223,872 (-4.1%) | 0.00 | 59 |
Tiffin's median listing price comes in at 0% of the national average.
Tiffin's average listing price for 2024-09-01 was $223,872, a difference of $-9,486 (-4.1%) versus the prior year and $10,370 versus the prior month.
For the 2024-09-01 period, Tiffin had 59 MLS listings, a difference of 13 listings (28%) versus the prior month and 14 listings (31%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Tiffin (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,478 sqft |
2018-02-01 | 0 days | 1,474 sqft |
2018-03-01 | 0 days | 1,504 sqft |
2018-04-01 | 0 days | 1,561 sqft |
2018-05-01 | 0 days | 1,530 sqft |
2018-06-01 | 0 days | 1,541 sqft |
2018-07-01 | 0 days | 1,645 sqft |
2018-08-01 | 0 days | 1,524 sqft |
2018-09-01 | 0 days | 1,587 sqft |
2018-10-01 | 0 days | 1,671 sqft |
2018-11-01 | 0 days | 1,709 sqft |
2018-12-01 | 0 days | 1,685 sqft |
2019-01-01 | 0 days | 1,666 sqft |
2019-02-01 | 0 days | 1,658 sqft |
2019-03-01 | 0 days | 1,653 sqft |
2019-04-01 | 0 days | 1,649 sqft |
2019-05-01 | 0 days | 1,654 sqft |
2019-06-01 | 0 days | 1,624 sqft |
2019-07-01 | 0 days | 1,591 sqft |
2019-08-01 | 0 days | 1,628 sqft |
2019-09-01 | 0 days | 1,617 sqft |
2019-10-01 | 0 days | 1,589 sqft |
2019-11-01 | 0 days | 1,603 sqft |
2019-12-01 | 0 days | 1,608 sqft |
2020-01-01 | 0 days | 1,699 sqft |
2020-02-01 | 0 days | 1,581 sqft |
2020-03-01 | 0 days | 1,567 sqft |
2020-04-01 | 0 days | 1,607 sqft |
2020-05-01 | 0 days | 1,560 sqft |
2020-06-01 | 0 days | 1,614 sqft |
2020-07-01 | 0 days | 1,541 sqft |
2020-08-01 | 0 days | 1,594 sqft |
2020-09-01 | 0 days | 1,539 sqft |
2020-10-01 | 0 days | 1,596 sqft |
2020-11-01 | 0 days | 1,612 sqft |
2020-12-01 | 0 days | 1,580 sqft |
2021-01-01 | 0 days | 1,587 sqft |
2021-02-01 | 0 days | 1,563 sqft |
2021-03-01 | 0 days | 1,724 sqft |
2021-04-01 | 0 days | 1,769 sqft |
2021-05-01 | 0 days | 1,664 sqft |
2021-06-01 | 0 days | 1,668 sqft |
2021-07-01 | 0 days | 1,600 sqft |
2021-08-01 | 0 days | 1,557 sqft |
2021-09-01 | 0 days | 1,564 sqft |
2021-10-01 | 0 days | 1,534 sqft |
2021-11-01 | 0 days | 1,558 sqft |
2021-12-01 | 0 days | 1,551 sqft |
2022-01-01 | 0 days | 1,562 sqft |
2022-02-01 | 0 days | 1,639 sqft |
2022-03-01 | 0 days | 1,599 sqft |
2022-04-01 | 0 days | 1,600 sqft |
2022-05-01 | 0 days | 1,469 sqft |
2022-06-01 | 0 days | 1,628 sqft |
2022-07-01 | 0 days | 1,596 sqft |
2022-08-01 | 0 days | 1,592 sqft |
2022-09-01 | 0 days | 1,512 sqft |
2022-10-01 | 0 days | 1,534 sqft |
2022-11-01 | 0 days | 1,509 sqft |
2022-12-01 | 0 days | 1,468 sqft |
2023-01-01 | 0 days | 1,449 sqft |
2023-02-01 | 0 days | 1,454 sqft |
2023-03-01 | 0 days | 1,494 sqft |
2023-04-01 | 0 days | 1,472 sqft |
2023-05-01 | 0 days | 1,518 sqft |
2023-06-01 | 0 days | 1,553 sqft |
2023-07-01 | 0 days | 1,600 sqft |
2023-08-01 | 0 days | 1,601 sqft |
2023-09-01 | 0 days | 1,746 sqft |
2023-10-01 | 0 days | 1,703 sqft |
2023-11-01 | 0 days | 1,680 sqft |
2023-12-01 | 0 days | 1,653 sqft |
2024-01-01 | 0 days | 1,648 sqft |
2024-02-01 | 0 days | 1,713 sqft |
2024-03-01 | 0 days | 1,758 sqft |
2024-04-01 | 0 days | 1,830 sqft |
2024-05-01 | 0 days | 1,804 sqft |
2024-06-01 | 0 days | 1,810 sqft |
2024-07-01 | 0 days | 1,644 sqft |
2024-08-01 | 0 days | 1,645 sqft |
2024-09-01 | 0 days | 1,668 sqft |
Tiffin's median square footage for active listings during the 2024-09-01 period was 1,668 sqft. One year prior, the average listing was 1,746 sqft.
Tiffin, OH Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 430 | $68,230,000 | $158,674 |
Cash Out Refi | 90 | $12,130,000 | $134,778 |
Refi | 73 | $14,265,000 | $195,411 |
Other | 58 | $3,380,000 | $58,276 |
Home Improvement | 53 | $4,005,000 | $75,566 |
Tiffin's most frequently cited loan purpose was Home Purchase, with 430 originations. The 2nd most popular reason was Cash Out Refi, with 90 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 275 | $41,825,000 | $152,091 |
7-8% | 209 | $30,635,000 | $146,579 |
Over 8% | 121 | $8,435,000 | $69,711 |
5-6% | 65 | $16,305,000 | $250,846 |
3-4% | 2 | $380,000 | $190,000 |
<2.5% | 1 | $5,000 | $5,000 |
2.5-3% | 1 | $145,000 | $145,000 |
During 2023, Tiffin's most frequently originated rate bucket was 6-7%, with 275 originations.
Loan Sizing (Tiffin, OH MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 302 | $42,450,000 | $140,563 |
$100,000 or less | 283 | $16,585,000 | $58,604 |
$200k-400k | 98 | $25,150,000 | $256,633 |
$400k-600k | 13 | $5,855,000 | $450,385 |
$600k-1000k | 7 | $4,965,000 | $709,286 |
$Over $1MM | 1 | $7,005,000 | $7,005,000 |
Tiffin's loan sizing saw the bucket of loans from $100k-200k with 302 originations, totaling $42,450,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 336 | $56,310,000 | $167,589 |
60-80% | 128 | $19,000,000 | $148,438 |
20-40% | 87 | $12,475,000 | $143,391 |
40-60% | 70 | $7,570,000 | $108,143 |
Under 20% | 49 | $1,675,000 | $34,184 |
Over 100% | 4 | $570,000 | $142,500 |
Tiffin's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 336 originations, totaling $56,310,000 in origination value.